Gemini News leased out

In an interesting development, the Sun Network has literally leased out Gemini News, a 24 hour news channel. All of a sudden the team of the lessees entered the premises yesterday ( 1st October ) and took control of the department, to the utter shock and dismay of the existing staff members. It is not clear as to how the management wants to settle the accounts of the present staff, including those who have been serving the organisation for ten years, eversince the news department started. The present arrangement, as per the information available is that the new organisation has to bear the maintenance charges including salaries and has to give Sun Network a monthly compensation of Rs. 20 lakhs. Thus the marketing of the channel will also be taken care by thenew team

However, the staff members got panick and started calling their Hyderabad office about their future. As a damage control exercise, Mr. Kiran ( Director/CEO ) called each and every reporter over phone and informed that the arrangement is basically aimed at marketing and at the same time " some feature stories as value addition " will be taken care of by the new team. However, the bewildered staff are in no mood to accept this theory.